Founders Metals Expands Upper Antino; Hits 33.0 m of 3.50 g/t Gold

Vancouver, British Columbia, May 21, 2025 – Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) has revealed the results of drill core assays from the Antino Gold Project in southeastern Suriname. The company has identified significant high-grade gold mineralization at Upper Antino, including 33.0 meters of 3.50 grams per tonne of gold in drilling east of the Main Froyo Shear. Further drilling results have expanded the gold mineralization northward by 125 meters, increasing the total strike length of Froyo to approximately 1.7 kilometers.

The President & CEO, Colin Padget, stated that the results showcase the growth potential of Upper Antino in various directions. The company plans to release additional results from their exploration targets in the near future. Founders Metals is a Canadian exploration company focused on advancing the Antino Gold Project in Suriname, South America. The project spans 20,000 hectares and has a history of producing over 500,000 ounces of gold from surface and alluvial mining. The company is fully funded for up to 60,000 meters of drilling in 2025.

Samples were analyzed at FILAB Suriname, a Bureau Veritas Certified Laboratory, with rigorous quality control measures in place. The technical content of the release has been reviewed by an independent qualified person. Forward-looking statements have been made, and readers are advised to refer to the company’s risk factors for a comprehensive understanding of the information provided.